vs
Side-by-side financial comparison of Kennedy-Wilson Holdings, Inc. (KW) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
BRC Group Holdings, Inc. is the larger business by last-quarter revenue ($188.3M vs $120.6M, roughly 1.6× Kennedy-Wilson Holdings, Inc.). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs 47.9%, a 0.1% gap on every dollar of revenue. On growth, Kennedy-Wilson Holdings, Inc. posted the faster year-over-year revenue change (-11.0% vs -21.9%). Over the past eight quarters, Kennedy-Wilson Holdings, Inc.'s revenue compounded faster (-6.0% CAGR vs -15.4%).
Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.
KW vs RILY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $120.6M | $188.3M |
| Net Profit | $58.0M | $90.3M |
| Gross Margin | — | 79.5% |
| Operating Margin | 57.3% | 32.3% |
| Net Margin | 48.1% | 47.9% |
| Revenue YoY | -11.0% | -21.9% |
| Net Profit YoY | 32.7% | 1710.8% |
| EPS (diluted) | $0.22 | $2.78 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $120.6M | $188.3M | ||
| Q3 25 | $116.4M | $215.3M | ||
| Q2 25 | $135.7M | $188.2M | ||
| Q1 25 | $128.3M | $197.2M | ||
| Q4 24 | $135.5M | $241.0M | ||
| Q3 24 | $127.5M | $225.5M | ||
| Q2 24 | $132.0M | $256.0M | ||
| Q1 24 | $136.4M | $263.4M |
| Q4 25 | $58.0M | $90.3M | ||
| Q3 25 | $-10.2M | $91.1M | ||
| Q2 25 | $5.6M | $139.5M | ||
| Q1 25 | $-29.6M | $-10.0M | ||
| Q4 24 | $43.7M | $-5.6M | ||
| Q3 24 | $-66.8M | $-284.4M | ||
| Q2 24 | $-48.3M | $-433.6M | ||
| Q1 24 | $37.7M | $-49.2M |
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 83.7% | ||
| Q2 25 | — | 81.3% | ||
| Q1 25 | — | 81.4% | ||
| Q4 24 | — | 79.8% | ||
| Q3 24 | — | 82.1% | ||
| Q2 24 | — | 84.5% | ||
| Q1 24 | — | 85.3% |
| Q4 25 | 57.3% | 32.3% | ||
| Q3 25 | -6.2% | 30.4% | ||
| Q2 25 | 7.4% | 5.7% | ||
| Q1 25 | -26.9% | -31.2% | ||
| Q4 24 | 36.7% | -69.2% | ||
| Q3 24 | -60.8% | -36.4% | ||
| Q2 24 | -45.5% | -90.8% | ||
| Q1 24 | 47.2% | -6.1% |
| Q4 25 | 48.1% | 47.9% | ||
| Q3 25 | -8.8% | 42.3% | ||
| Q2 25 | 4.1% | 74.1% | ||
| Q1 25 | -23.1% | -5.1% | ||
| Q4 24 | 32.3% | -2.3% | ||
| Q3 24 | -52.4% | -126.1% | ||
| Q2 24 | -36.6% | -169.4% | ||
| Q1 24 | 27.6% | -18.7% |
| Q4 25 | $0.22 | $2.78 | ||
| Q3 25 | $-0.15 | $2.91 | ||
| Q2 25 | $-0.05 | $4.50 | ||
| Q1 25 | $-0.30 | $-0.39 | ||
| Q4 24 | $0.24 | $-0.01 | ||
| Q3 24 | $-0.56 | $-9.39 | ||
| Q2 24 | $-0.43 | $-14.35 | ||
| Q1 24 | $0.19 | $-1.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $184.5M | $226.6M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $1.5B | $-171.5M |
| Total Assets | $6.6B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $184.5M | $226.6M | ||
| Q3 25 | $382.6M | $184.2M | ||
| Q2 25 | $309.1M | $267.4M | ||
| Q1 25 | $356.6M | $138.3M | ||
| Q4 24 | $217.5M | $146.9M | ||
| Q3 24 | $367.1M | $159.2M | ||
| Q2 24 | $366.5M | $236.9M | ||
| Q1 24 | $541.9M | $190.7M |
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.5B | $-171.5M | ||
| Q3 25 | $1.5B | $-260.5M | ||
| Q2 25 | $1.6B | $-351.7M | ||
| Q1 25 | $1.6B | $-496.8M | ||
| Q4 24 | $1.6B | $-488.2M | ||
| Q3 24 | $1.6B | $-497.6M | ||
| Q2 24 | $1.7B | $-218.3M | ||
| Q1 24 | $1.7B | $228.4M |
| Q4 25 | $6.6B | $1.7B | ||
| Q3 25 | $6.7B | $1.7B | ||
| Q2 25 | $6.8B | $1.5B | ||
| Q1 25 | $7.2B | $1.5B | ||
| Q4 24 | $7.0B | $1.8B | ||
| Q3 24 | $7.4B | $2.2B | ||
| Q2 24 | $7.5B | $3.2B | ||
| Q1 24 | $7.7B | $5.0B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $11.4M | $26.2M |
| Free Cash FlowOCF − Capex | $-55.2M | — |
| FCF MarginFCF / Revenue | -45.8% | — |
| Capex IntensityCapex / Revenue | 55.2% | — |
| Cash ConversionOCF / Net Profit | 0.20× | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $-103.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.4M | $26.2M | ||
| Q3 25 | $-7.6M | $-60.6M | ||
| Q2 25 | $42.0M | $-25.6M | ||
| Q1 25 | $-51.9M | $184.0K | ||
| Q4 24 | $55.1M | $-2.7M | ||
| Q3 24 | $-5.6M | $19.5M | ||
| Q2 24 | $36.7M | $111.5M | ||
| Q1 24 | $-5.6M | $135.4M |
| Q4 25 | $-55.2M | — | ||
| Q3 25 | $-18.0M | — | ||
| Q2 25 | $29.4M | — | ||
| Q1 25 | $-59.7M | — | ||
| Q4 24 | $-76.5M | — | ||
| Q3 24 | $-27.7M | — | ||
| Q2 24 | $-500.0K | — | ||
| Q1 24 | $-57.1M | — |
| Q4 25 | -45.8% | — | ||
| Q3 25 | -15.5% | — | ||
| Q2 25 | 21.7% | — | ||
| Q1 25 | -46.5% | — | ||
| Q4 24 | -56.5% | — | ||
| Q3 24 | -21.7% | — | ||
| Q2 24 | -0.4% | — | ||
| Q1 24 | -41.9% | — |
| Q4 25 | 55.2% | — | ||
| Q3 25 | 8.9% | — | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | 97.1% | — | ||
| Q3 24 | 17.3% | — | ||
| Q2 24 | 28.2% | — | ||
| Q1 24 | 37.8% | — |
| Q4 25 | 0.20× | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | 7.50× | -0.18× | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.26× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.15× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KW
| Consolidated Portfolio Segment | $84.9M | 70% |
| Investment Management Fees | $30.4M | 25% |
| Real Estate | $5.1M | 4% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
